Take Control with Restaurant365’s Food Cost Software
Food cost is among the most important metrics for any restaurant, as it directly impacts your menu profitability. With ingredient prices constantly rising and falling, and guest preferences always evolving, managing food costs takes constant work. Having consistent, accurate insight into your food cost inventory can help you price your menu items correctly and make informed decisions about your restaurant’s operations.
Current Customers
Tips to Reduce Your Food Costs
- Use a restaurant inventory software to track your inventory levels and reduce waste.
- Use a restaurant food cost calculator to calculate your food costs accurately.
- Use a food inventory app to manage your inventory levels and reduce waste.
- Price your menu items correctly to ensure that you’re making a profit.
- Use the food cost percentage formula to monitor your food costs and make informed decisions about your restaurant’s operations.
- Use a restaurant inventory system to streamline your inventory management processes.
How to Calculate Food Cost Percentage
The food cost percentage is the percentage of your restaurant’s sales that goes towards the cost of the ingredients used to prepare the food. To calculate the food cost percentage, use the following formula:
All-in-one Software
Say Hello to Simplicity
Unleash your restaurant's potential with the industry’s best restaurant back office software. R365 eliminates disparate systems and brings your accounting, operations, and payroll together into a single software.
R365 Partner Ecosystem
Frictionless Integrations
R365 makes restaurant vendor management easy. Our leading restaurant software integrates with hundreds of food and liquor distributors, restaurant technologies, and POS systems to give you the restaurant projections you need to drive simplicity, profit, and growth.
Become Stronger Faster Smarter with R365
inventory
Automate Inventory to Control Costs
- Automate item and recipe costing.
- Track item transfers efficiently.
- Spot patterns in food waste.
- See real-time actual versus theoretical food costs.
purchasing and receiving
Perfect Purchasing and Receiving
- Use shopping lists for easy ordering.
- Buy only what you need with purchase orders.
- Reconcile vendor invoices.
commissary
Take Control of Your Commissary
Commissary ensures consistent food production and uniform use of ingredients across your restaurant locations.
- Simplify catalog management.
- Use pre-built order guides or create your own.
- Manage your commissary kitchen with ease.
- Add a new revenue stream by selling items to third parties.
recipes
Cook Up Winning Recipes
Gain control of your kitchen operations, sales, and bottom line with recipes that specify how much of each ingredient should be in each dish.
- Build custom recipes based on your menu.
- Track actual versus theoretical usage to spot waste and errors.
- Identify your biggest winners and losers.
logbook
Empower Managers To Win
Keep your teams in sync on daily activities, customer issues, maintenance problems, and more.
- Easily search Logbook for what's important.
- @Mention teammates for follow up.
- Keep in touch on-the-go.
- Automate task lists.
- Report what matters after every shift.
forecasting
Forecast With Precision
Confidently predict your labor and inventory needs, whether it’s Super Bowl Sunday or a quiet Monday.
- Use data to forecast Prime Cost.
- Leverage rules to auto-adjust forecasts.
- Align your team around a strategy.
scheduling
Schedule Strategically
Create schedules faster and optimize labor costs across multiple locations by predicting needs based on historical sales.
- Simplify scheduling and employee engagement.
- Monitor overtime and control labor costs.
- Make informed decisions with labor data and metrics.
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FAQ
Get answers to the most frequently asked questions by restaurant Operations teams about R365 Store Operations.